Archives
NEWS 
March 9, 2016 Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app
Photo: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech boosts demand for its app. • Flipkart has secured a credit line of over Rs.450 crore from private sector lender HDFC Bank, according to latest […]
NEWS March 9, 2016 Ninjacart raises $3 million from Accel Partners, others
Ninjacart started in May 2015 as a hyperlocal grocery delivery company, but changed to its business model after six months, and currently works with about 120 retailers, and claims a monthly revenue of Rs1.2 crore. Bengaluru: Ninjacart, a business-to-business marketplace that connects farmers and brands to retailers, run by 63Ideas Infolabs Pvt. Ltd, has raised […]
NEWS March 8, 2016 Just Buy raises funds from Alpha, others
Just Buy has partnered with 1,100 brands and provides retailers with access to 300,000 products across 11 categories including food, beverages and personal care. Mumbai: Just Buy Live Enterprise Pvt. Ltd, Mumbai-based e-distributor that connects local retailers with manufacturers, has raised $20 million (Rs.136 crore) from Alpha Capital and others in its first round of […]
NEWS March 8, 2016 CREO raises $3 million from Sequoia Capital, others
Analysts say there is space for home grown phone-makers as India is seen as the growth engine in the global smartphone business, but are doubtful of the prospects of another OS. Photo: Bloomberg Bengaluru: Motiveprime Consumer Electronics Pvt. Ltd has raised $3 million from venture capital firms Sequoia Capital, Beenext Ventures and India Quotient to […]
ALL DEALS March 8, 2016 Housing.com raises Rs100 crore from Softbank
Currently, Housing.com has 1.7 million verified listings and is working with over 40,000 developers and agents. Photo: Abhijit Bhatlekar/Mint New Delhi: Mumbai-based Locon Solutions Pvt. Ltd, which operates the online real estate web site Housing.com, has raised an additional Rs.100 crore in funding from Japan’s SoftBank Corp., the company said on Thursday. “We are delighted […]
ALL DEALS 
March 8, 2016 So where do hiring start-ups hire from?
A start-up that wants to make the hiring process easier for others, looking for developers on other platforms – is it a one-off or the norm? Photo: Getty Images/AFP Bengaluru: Swapnil Vats, founder of recruitment start-up Valonia (Valonia Learning and Recruiting Solutions LLP), wrote last year on his LinkedIn profile that he was looking for […]
ALL DEALS March 8, 2016 Buildzar raises $4 million from Puneet Dalmia
The company claims to get 750-800 orders a month with an average order size of Rs67,000. New Delhi: Glow Homes Technologies Pvt. Ltd, which owns and operates Buildzar, an e-commerce portal for construction materials, has raised $4 million from Puneet Dalmia, managing director of Dalmia Bharat Ltd. Dalmia has made the investment in his individual […]
ALL DEALS March 8, 2016 Aisle.co raises Rs1.25 crore from TermSheet.io and ah! Ventures
Aisle.co handpicks its users after a process of screening. It has around 500-800 registrations per day in over 50 countries. Mumbai: Online matchmaking company Aisle Network Pvt. Ltd said on Thursday that it has raised Rs.1.25 crore in a pre-series A round of funding from TermSheet.io and ah! Ventures, with investments from key angel investors […]
ALL DEALS March 7, 2016 Vanity Cube raises $300,000 from Unicorn Ventures, others
Currently, Vanity Cube services users in Mumbai and Delhi. Mumbai: Delhi-based on-demand wellness and beauty services company Vanity Cube Pvt Ltd. said on Friday that it had raised $300,000 in an early stage round from Unicorn Ventures, friends and family. The company that was founded in 2014 by Renu Bisht and Pragya Upadhyay is looking […]
ELECTRONICS 
March 4, 2016 Amazon India Festive Sale: The Big Offers From Day One
Amazon’s Great Indian Festive sale has begun. As expected, there’s something on offer for everyone. A large number of deals across all possible categories are now live. Here are a few quick tips to help you sail through all Amazon Great Indian Festive sale: 1) Some of the best deals would be available as Lightning […]
ALL DEALS March 4, 2016 Magic Leap raises $793.5 million from Alibaba, Google, Qualcomm
Magic Leap is promising to create a headset that would use a type of light-field technology to simulate 3-D images superimposed on the real world. New York: Magic Leap Inc., the mysterious startup working on a device that simulates reality, has raised $793.5 million in a new round of funding led by Alibaba Group Holding […]
ALL DEALS 
March 4, 2016 MoMark raises $600,000 from YourNest Angel Fund, LNB Group
MoMark offers small retailers customer analytics as well as a point-of-sale terminal with which they can accept money from any mobile wallet. Bengaluru: MoMark Services Pvt. Ltd, a Noida-based firm that makes mobile-based customer engagement platform for small and medium businesses, on Wednesday said it raised $600,000 from YourNest Angel Fund and the LNB Group […]
